An Energy Revolution: What Caused Solar Costs to Fall 99%?
This definitive guide tries to accurately explore what factors have been most important in contributing to the amazing decline in solar panel prices over the past 4 decades. If you’d like a quick look at the Top 5 Reasons for Falling Solar Costs, you can check out our Infographic here.
Table of Contents
- The Falling Cost of Solar
- What Factors Contributed to the Fall in Cost for Solar?
- MIT’s Model: Evaluating the Causes of Photovoltaics Cost Reduction
- Low-Level Factors of Falling Solar Cost
- High-Level Factors of Falling Solar Cost
- “Market-Stimulating Policies” Played a Large Role in the Falling Cost of Solar
- Where are Solar Costs Sitting Today?
- What does the future hold for Solar costs?
- Is now the time to invest in a solar generator?
- Get Started Today!
The Falling Cost of Solar
The drastic fall in the cost of solar technologies can be considered one of renewable energy’s greatest success stories. We’ve seen time and time again that from a cost perspective the carbon-intensive way of doing things is the cheapest way to get something done. And while this was the case in the world of energy production for a long time, the tables have turned significantly when it comes to solar energy.
The Top 5 Reasons For Falling Solar Costs
View “TOP 5 REASONS FOR FALLING SOLAR COSTS” Infographic
Solar costs have dropped an unprecedented 99% in the last four decades. Here’s a quick infographic exploring what the top 5 reasons that lead to this fall in cost. If you’d like to learn more, please check out our definitive article: “An Energy Revolution: What Caused Solar Costs to Fall 99%?“